Wall Street has gotten wind of something big that is happening with Allstate. I am willing to bet that a major merger or buyout will be announced soon………….
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All the insurance stocks are up so...
Something big is coming, a big disappointment for those that are hoping a different company will come in and buy Allstate.
It's not very likely to happen, and if it does, you can kiss your job goodbye. Lose lose for the average employee.
It will be part of M&A activity is my long money. Blue horseshoe loves Anacott Steel.
No one is buying Allstate. Just stop already. This company has way too much internal baggage and strife and the bits that a competitor would want would cost way too much money. And it does not good to spend that much to try and buy up market share when the company is hemmoraging customers and market share to competitors daily anyways for free.
LOL, if GEICO bought us they would keep the policyholders and flush everything else including the employees down the toilet.
stock price reaching all time highs of $141.80 today. TG must be working---at least for shareholders.
New head honcho in HR to bulk up India staff making us look good to Geico again
Got my interest….
Proof?
Other than the rise in the stock price...what else prompted you to say this?